Advisory Services and Fees SBI Funds Management Limited (SBIFML or Company) (earlier known as SBI Funds Management Private Limited) was incorporated as a private limited company under the erstwhile Indian Companies Act, 1956 on February 7, 1992. The status of the Company was converted from ‘private limited company’ to ‘public limited company’ on December 16, 2021 in terms of the provisions of the Indian Companies Act, 2013. Consequently, the name of the Company has been changed from ‘SBI Funds Management Private Limited’ to ‘SBI Funds Management Limited’. SBIFML is having its Registered Office at 9th Floor, Crescenzo, C-38 & 39, G Block, Bandra-Kurla Complex, Bandra (East), Mumbai – 400051, Maharashtra, India. SBIFML is a joint venture between State Bank of India (SBI), one of the largest public sector banks in India and AMUNDI Asset Management (erstwhile Amundi S.A.), a leading European asset management company. SBI currently holds 62.53% stake in SBIFML and the 36.73% stake is held by AMUNDI Asset Management through a wholly owned subsidiary, Amundi India Holding. SBIFML is as an Asset Management Company of SBI Mutual Fund as well as an Investment Manager to the Alternative Investment Funds (Category II & III AIF) set up in India and registered with Securities and Exchange Board of India (SEBI), the Indian securities regulator. In addition to the investment management activity, SBIFML is undertaking portfolio management services (Registered as Portfolio Manager with SEBI), management and advisory services to off-shore funds & Category I & II Foreign Portfolio Investors (FPIs). We are also registered as an Investment Adviser with Securities Exchange Commission (SEC) in USA. SBIFML has set up a branch in the International Finance Services Centre (IFSC). IFSC is set-up in the Gujarat International Finance Tec-City (GIFT City), a special economic zone (SEZ) located in the Indian state of Gujarat. IFSC is regulated by the International

Financial Services Centres Authority (IFSCA), established by the Government of India. SBIFML – IFSC branch is registered with the IFSCA as a Registered Fund Management Entity (Retail) to carry out fund management and Portfolio Management Services in IFSC. SBIFML provides investment management and advisory services to registered investment companies, high-net- worth individuals, private investors and institutional investors, with a focus on Indian securities. Portfolios offered in SBIFML separately managed accounts may be suitable for a wide variety of investors, but particularly for more conservative investors with long-term time horizons. Investors who may find the SBIFML investment approach appropriate for their portfolios include:  Investors with long-term time horizons seeking growth of capital or a high level of current income.  Investors seeking to invest in fundamentally sound, well-managed companies that have long-term potential investments gains SBIFML offers a discretionary strategy where the potential investor is given a brief about the portfolio strategy before investing. In retail mandates which we offer, the strategies are not tailored to specifically meet a client’s individual financial needs. However, in institutional mandates we may tailor the strategies offered to suit client’s requirements. The prospective client may choose to impose restrictions on investing in certain securities or types of securities. For example, stocks which derive a predominant portion of their revenue from Tobacco business might not be in the investible universe. Also, discretionary provident fund mandates impose severe restrictions on investment universe in terms of minimum credit rating, etc. and restricts asset allocation choices due to regulatory requirements. As of March 31, 2023, SBIFML managed approximately $132.31 billion in assets on a discretionary basis and approximately $8.34 billion in assets on a non-discretionary basis.